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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

British Pound/Mauritius Rupee (FOREX:GBPMUR)

Bear Market Rally (-75) - GBPMUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPMUR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid GBPMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMUR
Open High Low GBPMUR Price Change
55.497838 55.528467 54.216903 54.216903 -1.280935
Entry Signal

MarketClub’s Trade Triangles for GBPMUR

long term down The long-term trend has been DOWN since Mar 8th, 2022 at 56.422520

intermediate term up The intermediate-term trend has been UP since Jun 27th, 2022 at 55.885479

short term down The short-term trend has been DOWN since Jul 1st, 2022 at 54.385364

Smart Scan Analysis for GBPMUR

Based on our trend formula, GBPMUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.497838 55.528467 54.216903 54.216903 -1.280935
Prev. Close Volume Bid Ask Time
55.497838 2022-07-05 08:52:17
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